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national defense. i tramped in 111 countries in recent years and everywhere you go in the world you can find ample reason to worry about our situation . we are not the most popular country in the world, i have discovered that. >> i want to get your perspective and appreciate you coming here . what is going on in the middle east and places like libya and cairo and when we see the anti-american protest and they are fermenting. >> we are not popular years ago. >> but riot after riot what happened? >> you can sort of see that what was happening. part out of the jealousy. we are fortunate and we have been and i hope we will continue to be. you go to the middle east and i was in israel four or five months ago now. and i was in egypt a few months ago. and the situation could blow up overnight. >> what about joe biden telling paul ryan to calm down about the iran threat and they are years away . ryan said no, it is worse than you think . benjamin netanyahu and not meeting with president obama. what did you thi
national defense. i tramped in 111 countries in recent years and everywhere you go in the world you can find ample reason to worry about our situation . we are not the most popular country in the world, i have discovered that. >> i want to get your perspective and appreciate you coming here . what is going on in the middle east and places like libya and cairo and when we see the anti-american protest and they are fermenting. >> we are not popular years ago. >> but riot after...
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Oct 8, 2012
10/12
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you can't increase defense spending, extend the bush cuts, 20% on top of that, and just say, no, it's going to be ok, we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all, romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax credit. that he'll stick to the principle that it will pay for itself. there's a general argument over whether you should count economic growth. simpson and bowles don't count economic growth. two harvard experts said higher growth. third, romney has an energy plan which expanding american oil and gas. the royalties alone are worth $750 billion a year to the federal government. fourth, look carefully at what romney said, that the true supply sides don't necessarily love but it's good politics. he said i will close enough deductions that wealthy americans will not get a net tax cut. now, that's a pretty clear description. >> let me just say this. standing on the stage with you in arizona, this is what mitt romney said. number one, i said today we're goi
you can't increase defense spending, extend the bush cuts, 20% on top of that, and just say, no, it's going to be ok, we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all, romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax credit. that he'll stick to the principle that it will pay for itself. there's a general argument over whether you should count economic growth. simpson...
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Oct 13, 2012
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the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking back at this it really taxes the way that they come up in these debates. the thing they're not talking about are mitt romney's taxes. the idea that they can look back and talk about taxes and ryan still getting caught with these lies and then the next day saying that's exactly what we meant to say. how does this work, errol. >> a promise has been made. a big broad promise has been made to splash taxes. it's estimated by a reasonable objective source that this could cost treasury 5 trillion-dollar over ten years. a lot of people are naturally curio
the reagan defense. they've relyied on drawing a comparison to ronald reagan as well as one other president. >> it's been done before. >> it's never been done before. >> jack kennedy lowered tax-- >> now you're jack kennedy. >> if jack kennedy only knew how much he would come up in vice presidential debates i think paul ryan knew where that was going. i'm joined by erol lewis and thomas frank, thank you for sticking around and talking to us. you know in looking...
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Oct 12, 2012
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budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. do we believe in peace through strength? you bet we do. do not cut the military by a trillion dollars. not increase it by a trillion, do not cut it by a trillion. >> we do not cut it. this so-called automatic cut, that was part of the debt deal they asked for. let me tell you what my friend said at a press conference. we have been looking for this moment for a long time. >> can i tell you what that meant? >> the bipartisanship was what he voted for the automatic cuts in defense because they did
budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the...
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Oct 12, 2012
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. >> they propose a $470 billion cut to defense and we have another $500 billion cut to defense that is working on the horizon. they insisted on that cut being involved in the debt negotiations. >> no one wants that. i want to know how you do the math and have this increase. >> you do not cut defense by $1 trillion. that is what we're talking about. cut 80,000ing to soldiers, 20,000 marines, 120 cargo planes. >> drawing down on one more and one more. >> the navy will be the smallest it has been before world war i. this and by its weakness. it did not impose these devastating cuts on our military. we're seeing do not cut the military by $1 trillion. not increase it but do not cut it. >> i want to move on. >> we do not cut it. that was part of a debt deal that they asked for and let me tell you what my friend said at a press conference announcing his support of the deal. he said, we have been looking for this moment for a long time. >> can i tell you what that meant? we have been looking for bipartisanship for a long time. >> he voted for for automatic cuts and the act -- and they aske
. >> they propose a $470 billion cut to defense and we have another $500 billion cut to defense that is working on the horizon. they insisted on that cut being involved in the debt negotiations. >> no one wants that. i want to know how you do the math and have this increase. >> you do not cut defense by $1 trillion. that is what we're talking about. cut 80,000ing to soldiers, 20,000 marines, 120 cargo planes. >> drawing down on one more and one more. >> the navy...
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Oct 11, 2012
10/12
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if you're a republican, you're losing farm subsidies, you're losing enormous amount of defense cuts. i can't believe that republicans like what's in here. and clearly from a left wing standpoint, you're fixing the social security problem primarily through spending cuts rather than tax increases. >> but dan, here's the thing. is a point lloyd blankfein made and it was certainly echoed by simpson and bowles. this country is very divide. anybody who's truly going to lead is going to have to pull everybody somewhere near the center if they're going to get anything accomplished. >> but my point is. >> the nature of this whole thing as a compromise, neither side is going to love it. what's amazing is because of the political divisiveness in this country, simpson was saying he thinks it is going to be hard to get something done. so is bowles. bowles put it at 30% we are able to ward off the fiscal cliff? >> if i can pile on dan. if he's playing santelli, it is my again fix rogenetic role to . isn't it right that the side that pisses both sides equally is the right plan? >> but this is nothi
if you're a republican, you're losing farm subsidies, you're losing enormous amount of defense cuts. i can't believe that republicans like what's in here. and clearly from a left wing standpoint, you're fixing the social security problem primarily through spending cuts rather than tax increases. >> but dan, here's the thing. is a point lloyd blankfein made and it was certainly echoed by simpson and bowles. this country is very divide. anybody who's truly going to lead is going to have to...
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Oct 7, 2012
10/12
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hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at stake. >> john: decades later. your children are safe and asleep. >> hillary clinton's use the same theme to attack barack obama. >> in this case it was barack obama. we said to gary hart it's 2:00 in the morning. yeah, did they steal it from us? absolutely. >> john: it's more likely to be a direct attack. americans say we don't like these attacks, but they do work. in the swing states they now run all the time. >> if you are hearing me approve this message, believe me so am i. >> i'm barack obama, eye i'm mitt romney and i approve this message. >> john: however, most of you won't see those messages. you have been excluded.
hart who had been on such an offensive all of a sudden has to be on defensive and he doesn't handle it very well. >> john: there were several things that hart didn't handle very well. >> he was reeling and we came right back in which was the red phone. >> most powerful responsibility in the world lies in the hand that picks up this phone. >> john: they used emotion to sell the idea that gary hart was style and not substance. >> vote as the future of the world is at...
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Oct 14, 2012
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>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor palin, is that so? >> that's not so, but because that's a quick answer i want to talk about my record on energy. >> she was able to pivot most of the questions on to ground that she was comfortable in handling the questions on. >> they kept grilling me. >> do you believe college is stupid? >> i -- >> don't you think that saying college is stupid is an irresponsible remark to make? >> no. for some people college is stupid. >> you just gave him some tape. >> now they'll make a commercial of you saying college is stupid. >> he says college is stupid. >> college is stupid.
>> so you're soft on defense? >> i knew how i should answer the questions, but under pressure it's hard. i'm saying take it back to the clinton days. "instinct is to answer the questions that are asked, but consultants day don't. >> you're still answering my questions, but most of the time you want to be delivering your message. >> they say sarah palin was good at that. >> governor palin answered the questions in her debate on her terms. >> governor...
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Oct 13, 2012
10/12
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don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- do you know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. >> no specifics? >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies have guaranteed, six studies verified this math adds up. >> ryan promises, the numbers, they'll add up. someday. my math teacher would not have accepted that answer and i don't think yours wou
don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> ryan simply can't explain his 20% tax cut. bottom -- >> you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have...
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the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never asked and acknowledging the question something needs to be done. >> he brought up simpson bowles, and either candidate is discussing the fiscal cliff, there isn't much difference between them. a pox on both their houses. >> it's a bipartisan mistake and problem. i don't disagree with what jerry and ben said. the fiscal cliff is a disaster in the waiting. a low probability that the disaster will come to fruition, the politicians are content to wait until after the election to do with it. >> and break up-- make the point this is bad for the economy. a lot of people talk about the markets. i don't know, if you have the
the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never...
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increaseu're going to -- >> we are not going to cut the defense budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines, 120 cargo planes. if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. do we believe in peace through strength? you bet we do. do not cut the military by a trillion dollars. not increase it by a trillion, do not cut it by a trillion. >> we do not cut it. this so-called automatic cut, that was part of the debt deal they asked for. let me tell you what my friend said at a press conference. we have been looking for this moment for a long time. >> can i tell you what that meant? >> the bipartisanship was what he voted for the automatic cuts in defense because they di
increaseu're going to -- >> we are not going to cut the defense budget. >> no massive defense increase? how do you do that? >> a proposed $478 billion cut to defense. now we have another $500 billion cut defense that is working on the horizon. they insisted upon that being involved in the debt negotiations. >> no one wants that, but i want to know how you do the math. >> you do not cut the defense by a trillion dollars. we will cut 80,000 soldiers, 20,000 marines,...
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>> no massive defense increase. >> you want to go to defense right now? >> yes, i do. that's another math question. how do you do that? >> they proposed cuts to defense to begin with, now we have another $500 billion cut to defense and they insisted that cut being involved in the debt negotiations. >> let's put the automatic defense cuts aside. >> okay. >> let's put that aside. no one wants that. i want to know, how do you do the math and have the increase in defense spending. >> you don't cut defense by a trillion. that's what we're talking about. >> what national security issue is justify an increase? >> we'll cut 80,000 soldiers, 20,000 marines, 120 cargo planes, we'll put the joint -- >> drawing down. and one more and one more. >> if these cuss go through, our navy will be the smallest it has been since before world war i. this invites weakness. do we believe in strength? you bet we do. you don't impose these devastating cuts on our military. don't cut the military by a trillion. not increase it by a million, don't cut it by a trillion. >> quickly, vi
>> no massive defense increase. >> you want to go to defense right now? >> yes, i do. that's another math question. how do you do that? >> they proposed cuts to defense to begin with, now we have another $500 billion cut to defense and they insisted that cut being involved in the debt negotiations. >> let's put the automatic defense cuts aside. >> okay. >> let's put that aside. no one wants that. i want to know, how do you do the math and have the...
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we should not be imposing these devastating defense cuts. when we equivocate on our values, it make us look weak. when we look weak, our adversaries are much more willing to test us. >> that is a bunch of malarkey. this lecture on embassy security. the congressman cut embassy security in his budget by $300 million below what we asked for. so much for the embassy security. governor romney, before he knew the facts, before he knew that the ambassador was killed, he was out making political statements. he was panned by the media around the world. this talk about this weakness, i do not understand what my friend is talking about. this is a president who has done everything he has said he is going to do. he has repaired our alliances. this is a guy who brought the entire world to bring about the most -- the most devastating efforts on iran to make sure they stop. these guys bet against america all the time. >> let me go back to libya. what were you first told about the attack? why were people talking about protests? when people in the consulate f
we should not be imposing these devastating defense cuts. when we equivocate on our values, it make us look weak. when we look weak, our adversaries are much more willing to test us. >> that is a bunch of malarkey. this lecture on embassy security. the congressman cut embassy security in his budget by $300 million below what we asked for. so much for the embassy security. governor romney, before he knew the facts, before he knew that the ambassador was killed, he was out making political...
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Oct 7, 2012
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said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery meat. you know, that's a correct statement. >> or -- >> there's a $5 trillion tax cut, well, we don't know what it is he's going to do but what he proposed is a $5 trillion tax cut plus he says, trust me, i'll do something different. >> what can be more legitimate in saying you're proposing $5 trillion in a reduction in revenue. how are you going to pay for this and he says i'm not going to tell you, i'll just let the congress do it. no, these are the things you have to get rid of. child deduction or home mortgage deduction. >> and we're going to have -- he said it. you just don't listen to -- >> the end of the story -
said he's going to balance the budget in seven to ten years while doing tax reform, while increasing defense spending, not touching medicare, i mean there's a lot of things that don't add up but because romney has not given the details doesn't give the president the right to make them up for him. he is not going to have a $5 trillion net tax cut. >> absolutely good at details -- >> that's not his plan. >> but i think to say there's a $5 trillion tax cut to be offset by mystery...
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Oct 12, 2012
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now we have another $500 billion cut to defense on the horizon. -- >> let's put the automatic defense cuts aside. no one wants that. but i want to know how you do the math and have this increase in defense spending -- >> biden: $2 trillion. >> ryan: you don't cut defense -- >> and what national security issue justifies an increase? >> ryan: we're going to cut 80,000 solders, 20,000 marines, 120 cargo plains -- >> and one war -- >> ryan: if these cuts go through our navy will be the smallest it has been since world war i. we're saying don't cut the military by a trillion dollars, not increase it don't cut it by a trillion dollars. >> biden: we don't cut it. and i might add -- i know we don't want to use the fancy word sequester, that was part of a debt deal they asked for. my friend said we have been looking for this moment for a long time. >> ryan: can i tell you what that meant? we have been looking for bipartisanship for a long time. >> biden: and that's what he voted for and beyond that they asked for another -- the military says we need a smaller, leaner army. we need more social
now we have another $500 billion cut to defense on the horizon. -- >> let's put the automatic defense cuts aside. no one wants that. but i want to know how you do the math and have this increase in defense spending -- >> biden: $2 trillion. >> ryan: you don't cut defense -- >> and what national security issue justifies an increase? >> ryan: we're going to cut 80,000 solders, 20,000 marines, 120 cargo plains -- >> and one war -- >> ryan: if these cuts go...
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he was on the defensive almost the entire time. the governor kept coming back at him with a smile on his faille face in a friendly manner. i don't think the president made any grave mistake tonight. but if he were your champion, have you to be disappointed because governor romney really needed to do something here to invigorate his troops and i think he did it. as i say, i don't know how high could have done a better job. these are sort of onekish subjects. he has the material down cold. i will say this, you understood why he was a very effective executive when he walked into a room and made decisions. the man knows his onions on all of these issues. maybe after 2 years of being in there, he was really at the to which -- at the to whichr top of his game. they have a right to be proud. i think they will get a boost in energy and fire for their troops. >> greta: they do get a bounce, how do you maintain your bounce? another tweet, mike murphy, republican strategist, he said, it's funny, tonight, romney is much better than his campaig
he was on the defensive almost the entire time. the governor kept coming back at him with a smile on his faille face in a friendly manner. i don't think the president made any grave mistake tonight. but if he were your champion, have you to be disappointed because governor romney really needed to do something here to invigorate his troops and i think he did it. as i say, i don't know how high could have done a better job. these are sort of onekish subjects. he has the material down cold. i will...
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Oct 12, 2012
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don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> -- would justify an increase? >> we're going to cut 80,000 soldiers, 20,000 marines, 120 cargo planes. we're going to push the joint -- >> drawing down one war and one war -- >> if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. look, do we believe in peace through strength? you bet we do. we don't impose the devastating cuts on our military. we're saying don't cut the military by $1 trillion. not increase it by $1 trillion, don't cut it by $1 trillion. >> quickly, vice president biden on this. i want to move on. >> we don't cut it. i might add, this so-called, i know we don't want to use the fancy word, see quester the automatic cut. that was part of a debt deal they asked for. let me tell you what my friend said announcing he supported the deal, i'm paraphrasing, we've been looking for this moment for a long time
don't cut defense by $1 trillion. that's what we're talking about. >> what national security issue -- >> who's cutting it by $1 trillion? >> -- would justify an increase? >> we're going to cut 80,000 soldiers, 20,000 marines, 120 cargo planes. we're going to push the joint -- >> drawing down one war and one war -- >> if these cuts go through, our navy will be the smallest it has been since before world war i. this invites weakness. look, do we believe in...
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Oct 12, 2012
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now we have another $500 billion cut to defense on the horizon. -- >> let's put the automatic defense cuts aside. no one wants that. but i want to know how you do the math and have this increase in defense spending -- >> biden: $2 trillion. >> ryan: you don't cut defense -- >> and what national security issue justifies an increase? >> ryan: we're going to cut 80,000 solders, 20,000 marines, 120 cargo plains -- >> and one war -- >> ryan: if these cuts go through our navy will be the smallest it has been since world war i. we're saying don't cut the military by a trillion dollars, not increase it don't cut it by a trillion dollars. >> biden: we don't cut it. and i might add -- i know we don't want to use the fancy word sequester, that was part of a debt deal they asked for. my friend said we have been looking for this moment for a long time. >> ryan: can i tell you what that meant? we have been looking for bipartisanship for a long time. >> biden: and that's what he voted for and beyond that they asked for another -- the military says we need a smaller, leaner army. we need more social
now we have another $500 billion cut to defense on the horizon. -- >> let's put the automatic defense cuts aside. no one wants that. but i want to know how you do the math and have this increase in defense spending -- >> biden: $2 trillion. >> ryan: you don't cut defense -- >> and what national security issue justifies an increase? >> ryan: we're going to cut 80,000 solders, 20,000 marines, 120 cargo plains -- >> and one war -- >> ryan: if these cuts go...
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you have to specify where the deductions are, you can't increase defense spending, extend the bush tax cuts, do 20% on top of that and just say, well no, it's going to be okay. we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all. romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax break. that he's going to stick to the principle, it's going to pay for itself. second, there's a genuine intellectual argument over whether he should count economic growth. simpson and bowles don't count economic growth. harvard report came out and said $58 billion a year higher growth. third, romney has an energy plan which dramatically expands american oil and gas, the royalties alone are worth $750 billion over the next 20 years. to the federal government. fourth, i think you got to look carefully at how romney structured it. what he said is something that frankly true supply side is, it's good politics. he said, i will close enough deductions that wealthy americans will not get a net tax cu
you have to specify where the deductions are, you can't increase defense spending, extend the bush tax cuts, do 20% on top of that and just say, well no, it's going to be okay. we'll grow our way into it. that does raise a fair amount of scrutiny. >> sure. i think that's legitimate. first of all. romney has said to the degree they can't get the loopholes closed in congress, he'll reduce the tax break. that he's going to stick to the principle, it's going to pay for itself. second, there's...
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and hart, who had been on such an offensive all of a sudden has to be on the defensive, and he doesn't handle it very well. >> there were several things that hart didn't handle well, but that's another story. >> he was reeling. we came right back in with another punch, which was the red phone. >> the most awesome, powerful responsibility in the world lies in the hand that picks up this phone. >> again, they used emotion to sell the idea that gary hart was style, not substance. >> vote as if the future of the world is at stake. >> decades later -- >> it's 3:00 a.m., and your children are safe and asleep, but there's a phone in the white house and it's ringing. >> hillary clinton's consultants used the same theme to attack barack obama. >> who do you want answering the phone? >> in this case it was barack obama, because he answered the red phone at 3:00 in the morning. said, gary heart answered the red phone at 2:00 in the morning. did they steal it from us? absolutely. >> today's ads are more likely to be direct attacks. >> barack obama, what a disappointment. >> americans say we don't
and hart, who had been on such an offensive all of a sudden has to be on the defensive, and he doesn't handle it very well. >> there were several things that hart didn't handle well, but that's another story. >> he was reeling. we came right back in with another punch, which was the red phone. >> the most awesome, powerful responsibility in the world lies in the hand that picks up this phone. >> again, they used emotion to sell the idea that gary hart was style, not...
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want to get into defense now? >> i do. >> because that's another math question. >> okay. >> how do you do that? >> so they proposed a $478 billion cut to defense to begin with. now we have another $500 billion cut to defense that's lurking on the horizon. they insisted upon that cut being involved in the debt negotiations. let -- let's put the automatic defense cuts aside. >> okay. >> so we -- >> put those aside. no one wants that. i want to know how you do the math and have this increase in defense spending some. >> $2 trillion. >> you don't cut defense by a trillion dollars. that's what we're talking ability. >> what national security issue -- >> who's cutting it by a trillion? >> we're going to cut 80,000 soldiers, 20,000 marines, 120 cargo planes, we're going to push -- >> drawing down one war and one war -- >> if these cut goss through our navy will be the smallest it's been since before world war i. this invites weakness. look, do we believe in peace through strength? you bet we do. you don't impose these cu
want to get into defense now? >> i do. >> because that's another math question. >> okay. >> how do you do that? >> so they proposed a $478 billion cut to defense to begin with. now we have another $500 billion cut to defense that's lurking on the horizon. they insisted upon that cut being involved in the debt negotiations. let -- let's put the automatic defense cuts aside. >> okay. >> so we -- >> put those aside. no one wants that. i want to know...
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increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothing to be gaining on my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you still have today, you -- i know you have written about it, painted a worrisome picture for ronald reagan back then, did he ignore you then? what? >> well, the thing was that was a clean balance sheet, we had a trillion worth of national debt, that was a small fraction of our gdp, 30 years later we used up the balance sheet. neil: but at the time about he say, dave, stop it. you are depressing me? >> no. he basically said, one deficit was inherited from jimmy carter, let's blame him, and let's cut fraud, waste and abuse, he was unwilling to take on so
increases, obama has done nothing about defense. in his term. obama says no social security cut, romney says i agree, medicare, they make a big fuss about and they remind people nothing will happen for the next decade. neil: you be stepping this elect out? >> i see there is nothing to be gaining on my issue, fiscal issue, the core of what threatening our economy our way of lif -- our future, i can not see we would make headline way. neil: the worries you had more than 3 decades ago, you...